Is a favorable variance good and an unfavorable variance bad? Explain.

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Is a favorable variance ‘‘good’’ and an unfavorable variance ‘‘bad’’? Explain.

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Principles Of Cost Accounting

ISBN: 9780840037039

15th Edition

Authors: Edward J. Vanderbeck

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Question Posted: Jan 07, 2012 06:57 AM

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Is a favorable variance good and an unfavorable variance bad? Explain.

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Not necessarily A favorable variance simply indicates that pri...View the full answer

Principles Of Cost Accounting

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